Money4 min read
Marvell to Buy Lumentum in $115 Billion Deal: What to Know
Marvell to buy Lumentum in a $115 billion all-stock deal for AI data-center optics. Deal terms, closing date and why both stocks fell after the open.
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Marvell to buy Lumentum in a $115 billion all-stock deal for AI data-center optics. Deal terms, closing date and why both stocks fell after the open.
Why are tech stocks down? AI spending fears erased about $5 trillion from big AI and chip stocks. Apple, the midterms and the jobs report test markets next.